Property Description
143 E. South Street, DeLand, FL 32724 is a duplex (2 units) on a 100' x 100' lot (~0.23 acres) in a highly walkable, in-town DeLand location-minutes to Downtown dining, Stetson University area, shopping, and major corridors with monthly gross cash flow of $2,535. The property offers a clean value-add / long-term hold play: stabilize operations, raise rents to market, and improve unit interiors/exteriors over time to drive NOI. With 1,817 SF total living area, you've got a flexible layout that can support strong tenant demand in the DeLand rental market. Property is ideal for investors targeting cash flow + appreciation in a central Volusia County location. Recent improvements included a new roof in 2021, window replacements, drainfield replacement.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2
Heating: Central, Electric
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $4,414
Year Built: 1959
Square Feet: 1,817
Amenities
Open Floorplan
Primary Bedroom Main Floor
Storage
Feature Descriptions
Additional Rooms: Inside Utility
Annual Net Income: 26006.00
Days on Site: 41
Directions: N on 17-92, R on South St behind Won Lee's.
Exterior: Block
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile, Wood
Foundation: Stem Wall
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.23
Ownership: Fee Simple
Patio/Porch: Covered
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: 01R6
Local Schools
High School: Deland High
Middle School: Deland Middle
Elementary School: George Marks Elem
Listed By / Shown By
Listed By
Agency Name: RLW REALTY
Agency Contact: 352-771-2560
Shown By
Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,003.74 per month $1,542.61 Principal & Interest $367.83 Property Tax $93.30 Homeowner's InsuranceChange Payment Information
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143 E South Street | MLS# O6376348
This multi-family property located at 143 E South Street, Deland, FL 32724 is currently listed for sale with an asking price of $319,900. Search Deland real estate on tiffanym.watsonrealtycorp.com today.